Middle East & International News

Middle East & International News

EGYPT – Egypt proposes mortgage law changes

EGYPT’S financial regulator has proposed changes to the mortgage law to allow remortgaging and higher borrowing levels for people on low incomes, in a drive to boost home ownership in the country of 83 million, says...

SAUDI ARABIA – Cobbetts in Saudi link-up

  LAW firm Cobbetts has expanded its presence in the Middle East and North Africa region (MENA) after entering a strategic cooperation with a high-profile lawyer in Saudi Arabia.   Jeddah-based lawyer Dr Nidal Atta will work...

BAHRAIN – Bahrain takes legal action against prominent party

THE Bahraini government has taken legal action against Al-Wefaq National Islamic Society, the country’s largest opposition party. The announcement came following recent protests in the capital city of Manama.   Six protesters were arrested and accused...

LIBYA – Libya urged to pursue transitional justice strategy

THE UN Support Mission in Libya (UNSMIL) called on Libyan authorities to implement a transitional justice strategy in order to rebuild and reshape its decades-long history of dictatorial cruelty and last year’s civil war. A report...

UNITED ARAB EMIRATES – Rera reviews strict licensing rules

DUBAI’S Real Estate Regulatory Agency (RERA) will be revising the licensing rules and regulations of the real estate management and leasing companies in the wake of the recent real estate fraudulent cases in Dubai, according to...

SAUDI ARABIA – Minimum wage rule to take effect soon

THE ministry of labor has decided to implement its decision of fixing SR 3, 000 as the minimum salary for Saudis working in the private sector effective this October, according to the Saudi Gazette.   The...

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